Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$1.57B |
| 2 |
Tesla
TSLA
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$597M |
| 4 |
Qualcomm
QCOM
|
+$374M |
| 5 |
AbbVie
ABBV
|
+$373M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$1.54B |
| 2 |
Johnson & Johnson
JNJ
|
+$561M |
| 3 |
UnitedHealth
UNH
|
+$353M |
| 4 |
Meta Platforms (Facebook)
META
|
+$345M |
| 5 |
Starbucks
SBUX
|
+$340M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 21.21% |
| 2 | Technology | 12.9% |
| 3 | Consumer Discretionary | 10.45% |
| 4 | Financials | 8.47% |
| 5 | Industrials | 7.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Civeo
CVEO
$350M
| $12.5M | 0.01% |
809,931
+85,708
| +12% | +$1.07M |
|
1302
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $12.5M | 0.01% |
205,800
+116,000
| +129% | +$7.06M |
|
1303
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $12.5M | 0.01% |
387,200
+154,600
| +66% | +$4.91M |
|
1304
Korn Ferry
KFY
$4.18B
| $12.5M | 0.01% |
295,000
-253,500
| -46% | -$9.8M |
|
1305
State Street Energy Select Sector SPDR ETF
XLE
$39.2B
| $12.5M | 0.01% |
416,600
+354,000
| +565% | +$10.5M |
|
1306
iRadimed
IRMD
$1.22B
| $12.5M | 0.01% |
534,368
+117,268
| +28% | +$2.74M |
|
|
BPY
1307
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $12.4M | 0.01% |
680,900
-61,283
| -8% | -$1.16M |
|
|
EXK
1308
Endeavour Silver
EXK
$2.3B
| $12.4M | 0.01% |
5,158,241
-975,884
| -16% | -$2.22M |
|
1309
Cadence Design Systems
CDNS
$91.7B
| $12.4M | 0.01% |
179,094
-719,650
| -80% | -$48.3M |
|
1310
Texas Instruments
TXN
$255B
| $12.4M | 0.01% |
96,800
-384,000
| -80% | -$47.4M |
|
1311
Lear
LEA
$7.33B
| $12.4M | 0.01% |
90,500
-35,100
| -28% | -$4.35M |
|
1312
Textron
TXT
$15B
| $12.4M | 0.01% |
+277,700
| New | +$12.9M |
|
|
FNHC
1313
DELISTED
FedNat Holding Company Common Stock
FNHC
| $12.4M | 0.01% |
743,100
-41,400
| -5% | -$619K |
|
|
NETI
1314
DELISTED
Eneti Inc.
NETI
| $12.4M | 0.01% |
193,949
-1,140
| -0.6% | -$69.3K |
|
1315
Plains GP Holdings
PAGP
$5.26B
| $12.3M | 0.01% |
651,482
-60,291
| -8% | -$1.13M |
|
1316
Timberland Bancorp
TSBK
$351M
| $12.3M | 0.01% |
412,845
+8,476
| +2% | +$237K |
|
|
ARI
1317
Apollo Commercial Real Estate
ARI
$851M
| $12.3M | 0.01% |
670,872
-89,768
| -12% | -$1.66M |
|
1318
Sierra Bancorp
BSRR
$527M
| $12.3M | 0.01% |
420,831
+31,000
| +8% | +$851K |
|
1319
AerCap
AER
$24.1B
| $12.2M | 0.01% |
199,228
-137,868
| -41% | -$8.11M |
|
1320
ZTO Express
ZTO
$18.1B
| $12.2M | 0.01% |
524,100
-910,459
| -63% | -$19.7M |
|
1321
Banc of California
BANC
$2.91B
| $12.2M | 0.01% |
711,930
+136,105
| +24% | +$2.06M |
|
1322
Curtiss-Wright
CW
$26.5B
| $12.2M | 0.01% |
86,800
+83,400
| +2,453% | +$11.3M |
|
1323
SLM Corp
SLM
$4.86B
| $12.2M | 0.01% |
1,364,400
-496,800
| -27% | -$4.32M |
|
|
AE
1324
DELISTED
Adams Resources & Energy Inc
AE
| $12.1M | 0.01% |
318,600
+2,800
| +0.9% | +$90.8K |
|
1325
Equinix
EQIX
$103B
| $12.1M | 0.01% |
20,764
-85,836
| -81% | -$48.2M |
|
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Renaissance Technologies's Q4 2019 Portfolio in Review
As of Q4 2019, Renaissance Technologies held 3,913 positions worth $130B, up 10% from $118B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Renaissance Technologies's Q4 2019 filing shows 518 new, 1,836 increased, 1,085 reduced and 443 closed positions. Its largest new stake was Amazon: 6,745,100 shares worth $623M. The largest sale was Celgene Corp, an estimated $1.54B.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2019 buy was Amazon: 6,745,100 shares worth $623M.
- Renaissance Technologies added most to Bristol-Myers Squibb in Q4 2019, an estimated $1.57B increase.
- Renaissance Technologies's biggest Q4 2019 reduction was Johnson & Johnson, cutting an estimated $561M.
- Renaissance Technologies fully exited Celgene Corp in Q4 2019, selling an estimated $1.54B.
- Renaissance Technologies's ten largest holdings make up 13% of its $130B portfolio in Q4 2019.
- Renaissance Technologies opened 518 new positions and closed 443 in Q4 2019.
- Renaissance Technologies's portfolio value rose 10% quarter-over-quarter to $130B.
Based on Renaissance Technologies's 13F filing for Q4 2019, filed 13 Feb 2020.